Carolina Farm Stewardship Association
- Assets
- $1.5m
- Revenue
- $921.6k
- Investments
- $0.0
- Employees
- 21
- Location
- Pittsboro, NC
- Founding
- 03/1989
- Data as of
- 12/2021
- EIN
- 24-0040340
Organization Overview
Carolina Farm Stewardship Association is located in Pittsboro, NC. The organization was established in 1989. According to its NTEE Classification (K28) the organization is classified as: Farm Bureaus & Granges, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Carolina Farm Stewardship Association employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carolina Farm Stewardship Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Carolina Farm Stewardship Association generated $921.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Carolina Farm Stewardship Association has awarded 23 individual grants totaling $1,461,006. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION'S MISSION IS TO HELP PEOPLE IN THE CAROLINAS GROW AND EAT LOCAL, ORGANIC FOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICES AND FARMSSHARE: FARMS SERVING HOSPITALITY AND RESTAURANT EMPLOYEES PILOT PROGRAM TO ADDRESS THE NEEDS OF LAID-OFF SERVICE WORKERS DURING THE PANDEMIC CRISIS. SPECIFIC ACTIVITIES INCLUDED DEVELOPING A NETWORK OF FARMS, FARMER COOPERATIVES, AND REGIONAL FOOD HUBS TO AGGREGATE IN-SEASON LOCALLY PRODUCED FOODS AND DISTRIBUTE WEEKLY FREE FOOD BOXES TO FAMILIES IN NEED WHILE ENSURING FAIR PAYMENT TO NETWORK PARTICIPANTS. OTHER MEMBER SERVICES INCLUDE ACCESS TO CONSULTATION, EDUCATIONAL EVENTS, AND INFORMATION ON LOCAL AND ORGANIC AGRICULTURE.
LOCAL FOOD SYSTEMS: PROGRAMS TO PROVIDE SERVICES TO LOCAL AND ORGANIC SMALL TO MIDSIZED FARMS AND FOOD BUSINESSES. SPECIFIC ACTIVITIES INCLUDE CONSULTATION ON MARKET ACCESS, BUSINESS PLANNING, AND PASSING FOOD SAFETY COMPLIANCE AUDITS TO QUALIFY FOR WHOLESALE MARKETS.
POLICY: PROGRAMMING AND EVENTS TO PROMOTE FAIR FARM AND FOOD POLICIES FOR LOCAL AND ORGANIC SMALL MIDSIZED FARMS. SPECIFIC ACTIVITIES INCLUDE: COALITION BUILDING AND COMMUNITY OUTREACH RELATED TO AGRICULTURAL POLICY, LAW, AND REGULATION WITH AN IMPACT ON LOCAL AND ORGANIC, SMALL AND MID-SIZED FARMS AND FOOD BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roland Mcreynolds Executive Director | Officer | 40 | $103,473 |
Cecilia Redding Vice President | OfficerTrustee | 2 | $0 |
Patrick W Wagner Treasurer | OfficerTrustee | 2 | $0 |
Ben Dubard President | OfficerTrustee | 2 | $0 |
Aeriel Miller Secretary | OfficerTrustee | 2 | $0 |
Ebonie Alexander Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $46,559 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $425,275 |
| All other contributions, gifts, grants, and similar amounts not included above | $358,610 |
| Noncash contributions included in lines 1a–1f | $4,700 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $830,444 |
| Total Program Service Revenue | $78,356 |
| Investment income | $12,502 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $921,560 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $511,207 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $112,225 |
| Compensation of current officers, directors, key employees. | $40,305 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $995,975 |
| Pension plan accruals and contributions | $14,480 |
| Other employee benefits | $77,899 |
| Payroll taxes | $79,787 |
| Fees for services: Management | $14,478 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $161,396 |
| Advertising and promotion | $1,530 |
| Office expenses | $35,992 |
| Information technology | $21,888 |
| Royalties | $0 |
| Occupancy | $42,758 |
| Travel | $37,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,004 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,324 |
| Insurance | $8,930 |
| All other expenses | $17,049 |
| Total functional expenses | $2,233,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $106,456 |
| Savings and temporary cash investments | $145,149 |
| Pledges and grants receivable | $920,414 |
| Accounts receivable, net | $5,049 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,287 |
| Net Land, buildings, and equipment | $19,209 |
| Investments—publicly traded securities | $273,769 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,471,333 |
| Accounts payable and accrued expenses | $203,924 |
| Grants payable | $0 |
| Deferred revenue | $2,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $206,424 |
| Net assets without donor restrictions | $286,701 |
| Net assets with donor restrictions | $978,208 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,471,333 |
Grants Awarded
Over the last fiscal year, Carolina Farm Stewardship Association has awarded $502,389 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Rockingham, NC PURPOSE: PARTICIPATION IN FARMSSHARE FOOD DISTRIBUTION PROGRAM | $119,788 |
FRESHLIST LLC PURPOSE: PARTICIPATION IN FARMSSHARE FOOD DISTRIBUTION PROGRAM | $118,307 |
TALL GRASS FOOD BOX PURPOSE: PARTICIPATION IN FARMSSHARE FOOD DISTRIBUTION PROGRAM | $96,000 |
Warrenton, NC PURPOSE: PARTICIPATION IN FARMSSHARE FOOD DISTRIBUTION PROGRAM | $46,106 |
Burgaw, NC PURPOSE: PARTICIPATION IN FARMSSHARE FOOD DISTRIBUTION PROGRAM | $46,063 |
Boone, NC PURPOSE: PARTICIPATION IN FARMSSHARE FOOD DISTRIBUTION PROGRAM | $44,125 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Carolina Farm Stewardship Association has recieved totaling $4,500.
| Awarding Organization | Amount |
|---|---|
Noel Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
Bailey Family Foundation Inc Vero Beach, FL PURPOSE: CHARITABLE PURPOSES | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agricultural Retailers Association Arlington, VA | $7,161,238 | $3,721,691 |
Lagrange Academy Incorporated Lagrange, GA | $3,990,523 | $3,388,962 |
National Agricultural Aviation Association Alexandria, VA | $4,837,263 | $3,074,884 |
Carolina Farm Stewardship Association Pittsboro, NC | $1,471,333 | $921,560 |
Georgia Crop Improvement Association Inc Athens, GA | $2,567,153 | $1,565,826 |
North Carolina Farmworkers Project Inc Benson, NC | $510,721 | $1,216,468 |
Forest Farmers Association Inc Carrollton, GA | $208,453 | $1,112,650 |
North Carolina State Grange Statesville, NC | $23,258,233 | $1,556,538 |
Corn Growers Association Of North Carolina Inc Elizabethtown, NC | $2,684,449 | $1,670,852 |
Knox County Farm Bureau Knoxville, TN | $1,372,068 | $906,855 |
Gap Connections Inc Knoxville, TN | $584,958 | $913,467 |
Rutherford County Farm Bureau Murfreesboro, TN | $819,491 | $805,370 |